Home Capital Results

Old Chang Kee's FY18 earnings double to $5 mil on improved margins & revenue growth

Michelle Zhu
Michelle Zhu5/30/2018 06:16 PM GMT+08  • 2 min read
Old Chang Kee's FY18 earnings double to $5 mil on improved margins & revenue growth
SINGAPORE (May 30): Old Chang Kee saw FY18 earnings double to $5 million from $2.4 million in FY17 on improved gross margins and revenue.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (May 30): Old Chang Kee saw FY18 earnings double to $5 million from $2.4 million in FY17 on improved gross margins and revenue.

A final dividend of 1.5 cents has been declared for the year.

Revenue for FY18 grew 9.1% to $85.5 million from $78.3 million in FY17 on the back of contributions from both new and existing retail outlets, with Old Chang Kee’s signature puff products remaining the major contributor as it accounted for 30.1% of total revenue for FY18.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now